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fosTeR blockchAiN acquiSITIon fOr eNtrepreneurs

2019-1-MT01-KA202-0512552019Strategic Partnerships for vocational education and trainingfinalized
Countries: MT|NL|IT|BE · Grant: €216,638
Entrepreneurial learning - entrepreneurship educationICT - new technologies - digital competences

Project summary

The project TRANSITION wishes to create and innovate teaching materials aimed at three crucial components of the entrepreneurial ecosystem: potential startup founders, entrepreneurial trainers/coaches working in business support organizations(accelerators, incubators, development agencies) and current entrepreneurs. These three categories need to be up to date with innovative technology trends and Blockchain is probably the one tech revolution that most probably will change all the aspects of the business world forever. All three actors of the entrepreneurial ecosystem must take part in the digital evolution of processes (production, certification, payment, delivery, etc.) thus the adoption of Digital Ledger technologies and Blockchain among these categories will affect the system in three complementary ways: 1) Potential entrepreneurs will integrate a general and fundamental knowledge of entrepreneurship skills and competencies (Second Intellectual Output) while at the same time being acquainted with the new opportunities offered by this new technology to start a new business following this trend or integrating the technology into their own idea. 2) Current entrepreneurs will enlarge their opportunity horizon about what DLTs can do for their current business, improving the versatility and growth capability of the enterprise ecosystem. 3) Entrepreneurial trainers and coaches will have new teaching material to better train their startups/young entrepreneurs, causing this improvement in knowledge to resonate not only on people already committed to starting a business but also toward the future generation of startup founders. The project will produce three outputs, namely: IO1 - Blockchain Knowledge Space It will be a structured repository of useful "knowledge items" concerning Blockchain, both as a technology and as an application in the different business areas. Items will be divided by different parameters: type of item (i.e. article, academic paper, MOOC, etc.) language, difficulty level(Basic, intermediate, advanced. Difficulty level of each item will be assessed by the scientific committee) and any other parameter will be deemed useful by the consortium. The BKS will have a manual filter to select the most interesting items for the user by selecting one or more of the aforementioned parameters. O2 Entrepreneurial Starter Set The Entrepreneurial Starter Set will be the foundation for the training course to align anyone interested in the fundamental competencies to develop when starting a business. This will be a general purpose part of the training material produced by this project, specially produced for potential entrepreneurs to make sure they can foster or refresh a very well defined skill set to survive when making their first step on the market. O3 The Blockchain Entrepreneur Kit The output will be the core activity of the scientific partners of TRANSITION who, along with the VET provider, will design and elaborate the training materials concerning Blockchain for startup coaches / Entrepreneurial trainers, current and new entrepreneurs. The teaching/training materials will give a different take on who is the main target of the teaching/training effort by training the trainers, empowering their ability to grow startups and help startup owners from the very beginning to the potential accession to markets. Current entrepreneurs, on the other hand, will be encouraged to learn how blockchain is used and how they could use it to improve or reshape completely their business model.

Objectives

We wanted to present the power of the technology to the entrepreneurs and inspire them to adopt it in their businesses. We also wanted to provide a starters kit of competencies that would help the potential entrepreneurs succeed with their businesses. In addition, we wanted to develop a repository with a wide range of materials in the Blockchain field to ensure the users are well informed. By implementing the project, the partner's achievement is to train future entrepreneurs on how to start and run a business as well as to provide key skills to understand and exploit blockchain technology. Our aim was to create tailor-made, practical, and easily accessible tools and materials. Our objective was to assess the information available on the blockchain, provide access to business training tools to entrepreneurs, and educate SMEs about the benefits of blockchain. The partners want to improve the level of preparation of their trainers and startup coaches so that they are up-to-date on the innovations, opportunities, and risks brought by blockchain in the contemporary business world.

Background

In 2019 the Blockchain technology was already developed to a quite high extend. What was missing was the understanding of it and its power among the people outside of the universities and the technical fields. Another thing that was missing was the understanding of the opportunities it provides among entrepreneurs. The Transition project proposal was created to fill in that gap. CBE has a long experience in projects involving training courses, especially in financial education. For this reason, exploring the topic of blockchain in a training course was of great interest to the organization. Due to the fact that most of the partners offer lifelong learning courses and also services for unemployed people who might also be interesting in starting up their own company this project offered a great opportunity to create the tools necessary for supporting the different target groups. The business environment is predominantly made up of SMEs who have little knowledge of blockchain and its benefits. Entrepreneurs also have little formal business training, and a significant part of the output addresses these needs.

Final report summary

The project TRANSITION wishes to create and innovate teaching materials aimed at three crucial components of the entrepreneurial ecosystem: potential startup founders, entrepreneurial trainers/coaches working in business support organizations(accelerators, incubators, development agencies) and current entrepreneurs. These three categories need to be up to date with innovative technology trends and Blockchain is probably the one tech revolution that most probably will change all the aspects of the business world forever. All three actors of the entrepreneurial ecosystem must take part in the digital evolution of processes (production, certification, payment, delivery, etc.) thus the adoption of Digital Ledger technologies and Blockchain among these categories will affect the system in three complementary ways: 1) Potential entrepreneurs will integrate a general and fundamental knowledge of entrepreneurship skills and competencies (Second Intellectual Output) while at the same time being acquainted with the new opportunities offered by this new technology to start a new business following this trend or integrating the technology into their own idea. 2) Current entrepreneurs will enlarge their opportunity horizon about what DLTs can do for their current business, improving the versatility and growth capability of the enterprise ecosystem. 3) Entrepreneurial trainers and coaches will have new teaching material to better train their startups/young entrepreneurs, causing this improvement in knowledge to resonate not only on people already committed to starting a business but also toward the future generation of startup founders. The project will produce three outputs, namely: IO1 - Blockchain Knowledge Space It will be a structured repository of useful "knowledge items" concerning Blockchain, both as a technology and as an application in the different business areas. Items will be divided by different parameters: type of item (i.e. article, academic paper, MOOC, etc.) language, difficulty level(Basic, intermediate, advanced. Difficulty level of each item will be assessed by the scientific committee) and any other parameter will be deemed useful by the consortium. The BKS will have a manual filter to select the most interesting items for the user by selecting one or more of the aforementioned parameters. O2 Entrepreneurial Starter Set The Entrepreneurial Starter Set will be the foundation for the training course to align anyone interested in the fundamental competencies to develop when starting a business. This will be a general purpose part of the training material produced by this project, specially produced for potential entrepreneurs to make sure they can foster or refresh a very well defined skill set to survive when making their first step on the market. O3 The Blockchain Entrepreneur Kit The output will be the core activity of the scientific partners of TRANSITION who, along with the VET provider, will design and elaborate the training materials concerning Blockchain for startup coaches / Entrepreneurial trainers, current and new entrepreneurs. The teaching/training materials will give a different take on who is the main target of the teaching/training effort by training the trainers, empowering their ability to grow startups and help startup owners from the very beginning to the potential accession to markets. Current entrepreneurs, on the other hand, will be encouraged to learn how blockchain is used and how they could use it to improve or reshape completely their business model.

Project partners (5)